Quote:
Originally Posted by ChiTownM
All factors mentioned with this price increase will make impulse buying less appealing, which eventually will cool down the market. It'll take time, and the ones that have buying power, will probably get good deals because they can play all the different factors and are able to make a deal happen.
I stepped away from a 50 Jahre and will stay on the sideline, Porsche and/or BMW.
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that's what my best friend's daughter thought... she was about to buy a condo back in late January when the prices were borderline insane... her CPA friend told her to wait for the market to cool down.
the 1-bedroom condo that she almost bought for $470k got sold 2 days later.. another identical condo(same floor, same sqf, in the adjacent corner of the condo she missed out) went on the market last week for $600k... sold the next day for $590k. Who said the housing market was going downhill?
